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10 On 7/1/14, ABC sold 12% bonds having a maturity value of $800,000 for $861 dated 7/1/14, and mature 7/1/19. Interest is payable semiannually on
10 On 7/1/14, ABC sold 12% bonds having a maturity value of $800,000 for $861 dated 7/1/14, and mature 7/1/19. Interest is payable semiannually on July 1 a amortization for bond premium or discount. Record the adjusting entry for th Hint: Develop an abbreviated amortization schedule to accurately determine
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